PR94830

JAKARTA, Indonesia, March 4, 2022 /PRNewswire=KYODO JBN/ --

PT Bank Rakyat Indonesia (Persero) Tbk. (IDX: BBRI) held the 2022 Annual

General Meeting of Shareholders (AGMS) in Jakarta on March 1, 2022. In the

AGMS, BRI distributed dividends of 85% or IDR 26.40 trillion from the

consolidated net income attributed to the Owners of the Parent Entity.

The dividend is equivalent to around IDR 174.23 per share, assuming there is a

transfer of treasury stock before the cumulative date. This figure has

increased by 76.17% compared to the 2020 dividend of IDR 98.90 per share.

With a healthy and sustainable performance growth throughout 2021, BRI decided

to distribute dividends of 85% or IDR 26.40 trillion, while the remaining 15%

or IDR 4.66 trillion is used as retained earnings.

For dividends, the Indonesia's share of ownership of at least 53.19% or IDR

14.04 trillion will be deposited into the State General Treasury Account.

The Dividend Payout Ratio of 85% is the result of BRI's strong capital

structure and optimal liquidity for business expansion and anticipation of

risks that may occur in the future. With a dividend payout ratio of 85%, the

Company's CAR is maintained at a minimum of 20%.

In addition to distributing dividends, BRI has also received approval to buy

the Company's shares, or buyback, which has been issued and listed on the

Indonesia Stock Exchange (IDX) with a nominal value of IDR 3 trillion.

"This buyback is aimed to increase BBRI's share ownership by employees and

encourage more optimal contribution of BRI employees to achieving targets and

improving company performance," said BRI's President Director, Sunarso.

Additionally, the AGMS also announced the company's new composition of the

Board of Commissioners and the Board of Directors that has received approval

from the Financial Services Authority and complies with the provisions of the

applicable laws and regulations.

"BRI will continue the journey of BRIVolution 2.0 transformation to maintain

quality and sustainable growth and achieve 2025's vision to become The Most

Valuable Banking Group in South East Asia and Champion of Financial Inclusion,

concluded Sunarso.

Information about BANK BRI can be accessed at www.bri.co.id

SOURCE: PT Bank Rakyat Indonesia Tbk (BRI)

Image Attachments Links:

   Link: http://asianetnews.net/view-attachment?attach-id=416409

   Caption: BRI Board of Directors at 2022 Annual General Meeting of Shareholders (AGMS) in

Jakarta on March 1, 2022